Search Sort by Newest to OldestOldest to NewestRelevanceA-ZZ-A Hospital and health system M&A in review - Uncertainty transitions to continued momentum in 2025 Explore how hospitals and health systems are navigating persistent financial headwinds through strategic mergers, partnerships and realignment. The 2025 M&A Review, offers expert insights on evolving deal structures, capital constraints and the growing role of scale and specialization. Research Report M&A Quarterly Activity Report: Q3 2025 Following a modest uptick in hospital and health system M&A activity in Q2 2025, with eight announced transactions, Q3 continued to trend upwards, with 15 transactions announced—an activity level more in line with historical observations. Research Report M&A Quarterly Activity Report: Q2 2025 Q2 2025 showed a modest uptick in hospital and health system M&A activity over Q1, with eight transactions announced. Partnerships and affiliations in other areas – including rural healthcare and ambulatory services – remains robust. Research Report M&A Quarterly Activity Report: Q1 2025 Only five hospital and health system M&A transactions were announced in Q1 2025, reflecting an environment of economic uncertainty and volatility. Financial distress was a driver in many of the announced transactions, continuing a trend from 2024. Research Report Hospital and Health System M&A in Review: Despite Industry Stabilization, Numbers Reveal Ongoing Distress in 2024 The numbers from hospital and health system M&A activity in 2024 confirm the unevenness of recovery and the challenges that many organizations continue to face. The percentage of transactions involving a financially distressed party and the percentage of transactions involving a divestiture both reached record highs. Research Report M&A Quarterly Activity Report: Q2 2024 M&A activity in Q2 2024 slowed from a very busy Q1, with 11 announced transactions. Several large transactions in the quarter, however, generated an average seller size by revenue that significantly exceeded year-end averages dating back to 2017. Research Report M&A Quarterly Activity Report: Q1 2023 Hospital and Health System Transactions In the final quarter of 2022, we noted an uptick in transaction activity with 17 announced transactions. That activity level was almost matched... Research Report 2022 M&A in Review: Regaining Momentum With 17 announced transactions, the fourth quarter of 2022 was one of the most active quarters we have seen since the COVID-19 pandemic began near the end of Q1 2020. Four of the 17... Research Report M&A Quarterly Activity Report: Q3 2022 M&A activity between hospitals and health systems in Q3 2022 remained low, with 10 announced transactions, but comparable to slower activity in Q3 2021, which had seven announced... Research Report M&A Quarterly Activity Report: Q2 2022 M&A activity between hospitals and health systems in the second quarter of 2022 returned to both trendlines we have been tracking since the pandemic began. First, the number of... Research Report
Hospital and health system M&A in review - Uncertainty transitions to continued momentum in 2025 Explore how hospitals and health systems are navigating persistent financial headwinds through strategic mergers, partnerships and realignment. The 2025 M&A Review, offers expert insights on evolving deal structures, capital constraints and the growing role of scale and specialization. Research Report
M&A Quarterly Activity Report: Q3 2025 Following a modest uptick in hospital and health system M&A activity in Q2 2025, with eight announced transactions, Q3 continued to trend upwards, with 15 transactions announced—an activity level more in line with historical observations. Research Report
M&A Quarterly Activity Report: Q2 2025 Q2 2025 showed a modest uptick in hospital and health system M&A activity over Q1, with eight transactions announced. Partnerships and affiliations in other areas – including rural healthcare and ambulatory services – remains robust. Research Report
M&A Quarterly Activity Report: Q1 2025 Only five hospital and health system M&A transactions were announced in Q1 2025, reflecting an environment of economic uncertainty and volatility. Financial distress was a driver in many of the announced transactions, continuing a trend from 2024. Research Report
Hospital and Health System M&A in Review: Despite Industry Stabilization, Numbers Reveal Ongoing Distress in 2024 The numbers from hospital and health system M&A activity in 2024 confirm the unevenness of recovery and the challenges that many organizations continue to face. The percentage of transactions involving a financially distressed party and the percentage of transactions involving a divestiture both reached record highs. Research Report
M&A Quarterly Activity Report: Q2 2024 M&A activity in Q2 2024 slowed from a very busy Q1, with 11 announced transactions. Several large transactions in the quarter, however, generated an average seller size by revenue that significantly exceeded year-end averages dating back to 2017. Research Report
M&A Quarterly Activity Report: Q1 2023 Hospital and Health System Transactions In the final quarter of 2022, we noted an uptick in transaction activity with 17 announced transactions. That activity level was almost matched... Research Report
2022 M&A in Review: Regaining Momentum With 17 announced transactions, the fourth quarter of 2022 was one of the most active quarters we have seen since the COVID-19 pandemic began near the end of Q1 2020. Four of the 17... Research Report
M&A Quarterly Activity Report: Q3 2022 M&A activity between hospitals and health systems in Q3 2022 remained low, with 10 announced transactions, but comparable to slower activity in Q3 2021, which had seven announced... Research Report
M&A Quarterly Activity Report: Q2 2022 M&A activity between hospitals and health systems in the second quarter of 2022 returned to both trendlines we have been tracking since the pandemic began. First, the number of... Research Report
